Why You Should Consider Investing in Singapore Stocks

Back in 2010 (it's hard to believe that was five years ago), I wrote about the country of Singapore  and the top Singapore stocks. Since then, Singapore has made some major improvements.

 For example, five years ago, it was the 18th wealthiest country in the world in terms of GDP per capita on a purchasing power parity basis. Now it is in third place. As for the Human Development Index, it was ranked 25th place; now it is number nine. In addition, the country now has has the world's highest percentage of millionaires. Plus, multinational companies in Australia and other countries now move money through financial hubs in Singapore than at any time in history.

What all this means is that maybe investors should take a closer look at Singapore stocks. For example, Avago Technologies (AVGO) designs and markets semiconductor devices concentrating on analog III-V based products. The stock has a very high trailing price to earnings ratio at 107, but a very favorable P/E at 13. Earnings for the latest quarter were up 115.4%, however earnings dropped by 21.5%. The company pays a yield of 1.4%.

Don't let the name fool you but China Yuchai International (CYD) is actually a Singapore company. It has China in its name because the company makes and markets diesel and natural gas engines primarily in the People’s Republic of China. The stock trades at six times earnings and pays a fat 6.6% yield.

Flextronics International (FLEX) is another Singapore company which provides design, manufacturing, and supply chain services to original equipment manufacturers. It trades at 14 times trailing and 10 times forward earnings. It does not pay a dividend.

However, the best way to invest in Singapore may be to just invest in the iShares MSCI Singapore Index (EWS) ETF. If you like stock lists of different countries list this list, you can access many free country stock lists at WallStreetNewsNetwork.com, such as Brazil, Canada, China, Cuba, Mexico, Spain, and the UK.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Top Singapore Stocks

Singapore just announced that it is increasing its research and development investment by 20% over the next five years, with a planned expenditure of over $12 billion. Singapore stocks have risen about 12% over the last three months.
Here are some interesting facts about Singapore:
1. It is one of the few city-states in the world.
2. It is the 18th wealthiest country in the world in terms of GDP per capita.
3. It is rated a high 25th place on the Human Development Index.
4. Based on the amount of tonnage shipped, it is the busiest port in the world.
5. It is the fourth largest foreign exchange trading center.
6. It is rated as the most business-friendly economy in the world.
7. Almost ten million tourists visited Singapore last year.
8. The government legalized gambling in 2005.

Here are some Singaporian stocks worth examining:

Capitaland Ltd. (CLLDY.PK) is a Singapore real estate company. The stock has a price to earnings ratio of 15.

City Developments (CDEVY.PK) is in the Singapore real estate business. They have paid dividends eight years in a row. The stock has a PE ratio of 16.

Cosco Corp. Singapore Ltd. (CSCMY.PK) is in the shipbuilding and ship repair business. The stock has a PE of 26.

DBS Group Holdings (DBSDY.PK) is a bank holding company which owns DBS Bank, which is the largest bank in South East Asia by assets. It has a PE of 26.

Genting Singapore PLC (GIGNY.PK) operates casinos around the world. The stock has recently generated negative earnings.

Grand Banks Yachts ADR (GBYLY.PK) manufactures and markets three different series of yachts. It trades rarely in the US on the Pink Sheets, and little financial data is available on the company.

Keppel Corp. LTD SPON (KPELY.PK) diversified conglomerate in the business of real estate, marine, and infrastructure industries. The stock has a P/E of 11 and has paid dividends at least twice a year since 2001.

Neptune Orient (NPTOY.PK) is a container shipping global transport company. It owns American President Lines also known as APL. Latest reported earnings were negative.

Singapore Airlines (SINGY.PK) is the major airline. The PE ratio is 25.

The Singapore Exchange Ltd. (SPXCF.PK) is Singapore's major stock exchange, where equities, bonds, and derivatives are traded. The stock has a very low PE of 1.85.

Singapore Telecommunications ADR (SGAPY.PK) also known as SingTel, provides telecommunication systems and services in over 20 countries. The P/E is 13.

United Overseas Bank (UOVEY.PK) is Singapore's largest bank in terms of domestic customer loans, credit cards and market capitalization. The PE ratio is 13.

You can also invest in a Singapore ETF, the iShares MSCI Singapore Index (EWS), which is up 12% over the last three months.

There is also The Singapore Fund, Inc. (SGF), a closed end fund that invests in Singapore stocks. For the last three months, the fund is up 18%.

If you would like to see stock lists from other countries, check out WallStreetNewsNetwork.com.

Author does not own any of the above.

By Stockerblog.com.